Todays sfm paper

Final 5075 views 35 replies

Israr Sheikh

Teaching

466 Points Joined May 2012

ANALYSIS OF MAY 2012 PAPER CA FINAL

FINANCIAL REPORTING

Q. No.	From which topic	Source	Marks
1a	AS-16+11 Applicable to non corporate ent	New qt	5
1b	AS-28+22	New qt	5
1c	AS-7 Disclosure as per para 41	New qt	5
1d	AS-26 Discrete and integral approach	New qt	5

2	Group Consolidation of B/S and P/L H+S+Assoc	DS Rawat AS book unsolved qt	16
3	Corporate recons – Internal reco	Similar to Padhuka qt was asked in May 1992	16
4	Corporate recons – Demerger	New qt	16
5a	AS-30 Staff loan	Asked twice in Old and new syll simultaneously + DS Rawat	8
5b	Value added St	Padhuka	8
6a	Valuation of G/W, Shares, Brands, Business – Business Valuation	Similar to Module qt even similar qt asked in Old Syll	12
6b	EVA	New qt	4
7a	AS-3 – Normal Cash flow	New qt	4
7b	AS-20 Diluted + Adjusted EPS	Similar qt asked twice Old and New syll	4
7c	AS-2 + 5 Change in A/c Est + Stock Valn	Asked twice in past paper including last attempt	4
7d	AS-13 Current and long term invs	New qt	4

STRATEGIC FINANCIAL MANAGEMENT

Q. No.	From which topic	Marks
1a	Money Market	5
1b	Derivatives – Future valn with dividend stock	5
1c	Valn of Bond – forex adj	5
1d	Derivatives –	5

2a	Capital Budgeting – optimum replacement	10
2b	Cost of capital – Constant Div valuation model	6
3a	Merger & Acq – Normal pre / post merger etc	8
3b	Valuation of Shares – Effect of Capital Budg on valu ation of share	8
4a	Portfolio Management – Portfolio rebalancing	8
4b	Dividend policy – Walter model	8
5a	Forex	8
5b	Portfolio Mang – Avg beta with unsystematic risk	8
6a	Derivatives – Call valuation	8
6b	Mutual Fund – NAV	8
	SHORT NOTES
7a	Valn of bonds	4
7b	Derivatives	4
7c	Money market	4
7d	Forex	4
7e	Forex	4

FOR DETIALS CONTACT Prof Israr Shaikh 9967619173 Sukh Sagor Classes

Replies (35)

Israr Sheikh

Teaching

466 Points Joined May 2012

ANALYSIS OF MAY 2012 PAPER CA FINAL

FINANCIAL REPORTING

Q. No.	From which topic	Source	Marks
1a	AS-16+11 Applicable to non corporate ent	New qt	5
1b	AS-28+22	New qt	5
1c	AS-7 Disclosure as per para 41	New qt	5
1d	AS-26 Discrete and integral approach	New qt	5

2	Group Consolidation of B/S and P/L H+S+Assoc	DS Rawat AS book unsolved qt	16
3	Corporate recons – Internal reco	Similar to Padhuka qt was asked in May 1992	16
4	Corporate recons – Demerger	New qt	16
5a	AS-30 Staff loan	Asked twice in Old and new syll simultaneously + DS Rawat	8
5b	Value added St	Padhuka	8
6a	Valuation of G/W, Shares, Brands, Business – Business Valuation	Similar to Module qt even similar qt asked in Old Syll	12
6b	EVA	New qt	4
7a	AS-3 – Normal Cash flow	New qt	4
7b	AS-20 Diluted + Adjusted EPS	Similar qt asked twice Old and New syll	4
7c	AS-2 + 5 Change in A/c Est + Stock Valn	Asked twice in past paper including last attempt	4
7d	AS-13 Current and long term invs	New qt	4

STRATEGIC FINANCIAL MANAGEMENT

Q. No.	From which topic	Marks
1a	Money Market	5
1b	Derivatives – Future valn with dividend stock	5
1c	Valn of Bond – forex adj	5
1d	Derivatives –	5

2a	Capital Budgeting – optimum replacement	10
2b	Cost of capital – Constant Div valuation model	6
3a	Merger & Acq – Normal pre / post merger etc	8
3b	Valuation of Shares – Effect of Capital Budg on valu ation of share	8
4a	Portfolio Management – Portfolio rebalancing	8
4b	Dividend policy – Walter model	8
5a	Forex	8
5b	Portfolio Mang – Avg beta with unsystematic risk	8
6a	Derivatives – Call valuation	8
6b	Mutual Fund – NAV	8
	SHORT NOTES
7a	Valn of bonds	4
7b	Derivatives	4
7c	Money market	4
7d	Forex	4
7e	Forex	4

FOR DETIALS CONTACT Prof Israr Shaikh 9967619173 Sukh Sagor Classes

CA Sahil Singla..

Service Tax

3746 Points Joined August 2008

Dear Vishant

Tere aur mere khene se to kuch hoga nahi. First evaluate yourself. Wait for the results and check other students marks. There is CA man. not a 3rd class Bcom. Exam are tough when you don't know anything. Rankers to har bar aate hai bhai.

And thanks for suggesting me.

akshay

ca final

86 Points Joined January 2009

sahil singhal..no one wants to hear your rubbish opinion if you havent given the paper sitting in the exam hall..phat ke haath mein aajati agar paper attemp karta toh..how dare you call it an average paper??

VVS

CA final

27 Points Joined January 2009

guys dont say that paper is easy and scoring blah... blah... if u havnt attend the exam. if u have wrote the exam then well and good for u.

CA Sahil Singla..

Service Tax

3746 Points Joined August 2008

Akshay

It seems that you are so Dumbstruck that u don't knw how to copy & spell the name. Be Cool man. I have commented bcoz i too a CA final student & already passed the Group 1.

And first learn how to be a good professional. And prepare well.

Priyamvad

dsdasd

21 Points Joined August 2009

Don't listen to them Sahil Singla. Carry on commenting on a paper you didn't give. You're making complete sense.

Joey Tribbiani

fdg

2010 Points Joined April 2010

Dont fight guys,todays paper was conceptual,more than the paper of last 2 or 3 attempts. Earlier almost 35 percent paper was from scanner n all,but this tiome they have changed the pattern. Just hope audit is better.

akshay

ca final

86 Points Joined January 2009

I am so sorry I spelt your name wrong Saheli sighlu.And very professional of you to comment on a paper that you dint give.and congratulations on your group 1 success.I am sure you scored 100% in your sfm paper since you are so smart and conceptually forward.And about preparing well,how on earth do you know what my preperation was?Please keep your suggestions to your oversmart self.

Jugal

Article clerk

42 Points Joined February 2009

I couldnt write the paper for almost 55 mraks ...... Have never encountered such questions in any study material ever... was damn tough.,

rahul

student

30 Points Joined July 2008

The paper was very short or it looked short to me because i left 2 questions of 8 marks each, which went just above my head, wasn't able to understnd the ques and who said the ques was from rtp only 2 ques was from rtp and previos papr.

overall both a/c and sfm papers were tough, hope for the best in audit and law, otherwise no chance of scoring 200 in gr 1

Ankur

CA Final Student

999 Points Joined December 2007

pls provide from which attempt all the questions came from........because i don't think apart from the theory question..........any came from previous years....

Arpit

CA Final

150 Points Joined August 2010

I am yet to appear for my final attempt, but going by the comments here, i am preparing myself for the toughest. I agree (and sympathize) with all the students here. Sitting at home and commenting on the question paper is easy. But such guys should not dare to post their overconfident views here, they should have at least tried to solve it within 3 hours at home (as soon as they saw the paper, not after getting cozy with the questions!).

I can see from the comments above, that the paper was so damn conceptual, that their was a shortcircuit in the brains of the students . But i hope the checking will be easier than previous years. I think they won't set the paper hard and keep the checking hard as well, as it will lead to maximum failures in sfm. So i hope for the best for all the final students on CCI, be optimistic guys!!!